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Citigroup expects gold prices could fall to $3,500 per ounce by September
10/06/2026 07:58
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Svmuu reported that Citigroup expects if the Strait of Hormuz disruption continues into this summer, global gold buying demand could further contract, and gold prices may fall to $3,500 per ounce by September. Currently, Citigroup has lowered its three-month gold price target from $4,300 per ounce to $4,000 per ounce. (Jinshi)
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